Healthcare-Tech Startup to Unlock New RevenueStreamsfor FQHCs

May 18, 2022 at 08:00 am by Staff


 Collaboration Helps Target Millions of People Living in Medically Underserved Areas 

 

Yuvo Health, a leading technology-enabled administrative and managed-care solution for community health centers, today announced that four Federally Qualified Health Centers (FQHC) have joined the company’s independent provider association (IPA): Long Island Select Healthcare, Metro Community Health Centers, Joseph P. Addabbo Family Health Center, and Advantage Care Health Centers. Currently, there are 20 million people living in more than 4,000 medically underserved areas across the country, and these FQHCs will work with Yuvo Health to gain access to value-based contracts that expand their reach, while receiving administrative services to optimize and scale their operations.

“FQHCs play a critical role in the nation’s healthcare ecosystem, and by partnering with Yuvo Health, they can focus on delivering better care to more members of their community, while also optimizing their performance and driving down the cost of care,” said Cesar Herrera, CEO and co-founder of Yuvo Health. “We are committed to the historically marginalized communities that FQHCs serve, of which our 100% BIPOC founding team have been part, as we know firsthand the transformative power of compassionate care.”

Earlier this year, Yuvo Health announced a $7.3 million seed round of funding to expand its initial program in downstate New York, develop proprietary technology tools and platform, and strengthen partnerships with FQHCs in the greater New York area and beyond. More recently, the company expanded its diverse leadership team — of which 80% are women and more than half are women of color — with future plans to increase the overall team by 200% by year’s end.

FQHCs who partner with Yuvo Health receive the following major benefits:

“Our mission is to provide access to quality and comprehensive healthcare, while respecting the unique abilities and needs of patients throughout their lifespan,” said Dr. James R. Powell Chief Executive Officer of Long Island Select Healthcare, commonly known as LISH. “Yuvo Health opens the gates to contracts we otherwise wouldn't qualify for, providing us with critical infrastructure to unlock revenue streams from value-based care that would otherwise remain beyond our reach.”

Launched in January 2021, Yuvo Health was founded in New York City by a fully BIPOC team with the common goal of bringing fair, quality care to underserved communities. A team that shares first-hand experience of the impact quality health care can make, strive to instill more compassionate care within healthcare systems. Yuvo Health is continuously proving their innovation and reliability by providing an industry-leading product of administrative and managed-care contracting solutions to Federally Qualified Health Centers (FQHC). Yuvo aims to relieve administrative pressure from FQHCs to allow them to focus completely on providing quality care to communities in need. While continuing to serve the downstate New York market, Yuvo anticipates providing their services across New York, the Midwest and the Mid-Atlantic regions. For more information, please visit www.yuvohealth.com.

 

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